CNBC Economy / Updates
- Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows June 25, 2026The personal consumption expenditures price index was expected to show a 4.1% annual increase.
- Trump pledges rapid U.S. response for Venezuela after historic earthquakes kill hundreds June 25, 2026The swift U.S. offer of assistance reflects a degree of diplomatic realignment between the Trump administration and the Venezuelan interim government.
- Iran warns ships it's 'unacceptable and dangerous' to transit the Strait of Hormuz without their approval June 25, 2026The stern warning underscores Tehran's resolve to retain control over the Strait of Hormuz and to resist transits that bypass its authorization.